Summer Session 2012 Financial Aid
Anyone who’s familiar with this area of Central New York knows that summer in Ithaca is GORGES! Whether you’re hiking around the surrounding Finger Lakes or simply relaxing on campus, Summer Session is a great opportunity to take courses and still have a few months of time for other projects.
Many students use summer enrollment as a time to explore new opportunities abroad, catch-up on a past semester, or simply get ahead in order to prepare in advance for a challenging semester. With that being said, I wanted to take a few moments and provide you with some basic information regarding Summer Session and Financial Aid.
A Summer Session Aid Application is required before our office can determine your eligibility. Additionally, all Bursar and Cornell Card balances must be paid in order to process your application.
What type of aid is offered for Summer Session?
Financial aid is available in the form of work and loans only for matriculated Cornell University undergraduate students enrolling in at least six credits. Need-based summer aid could include any of the following sources: Federal Work Study, Federal Direct Loans, Federal Perkins Loan, and University Loans. Your eligibility for summer is based on your eligibility remaining from the 2011-2012 academic year.
For those students who are registered for less than six credits, you can apply for an alternative loan through a lender outside of Cornell. Alternative loans are also recommended for any costs that are incurred for students enrolled in more than 8 credits.
Cornell-based grant aid and Federal Pell Grants are not available for summer enrollment.
How is my eligibility for Summer aid calculated?
Prorated parent contributions are calculated for summer based on the parent contribution from the most recently completed academic year.
What if I decide to change my enrollment by adding or dropping courses?
Any changes in your enrollment could affect your Summer Session aid and may result in you owing money at the end of the summer. In order to avoid this, it is imperative that you notify the Office of Financial Aid and Student Employment with any changes you make to your summer enrollment.
As always, if you have additional questions please feel free to visit our office in 203 Day Hall and talk with our staff. We look forward to seeing you on campus this summer!